BY TYLER DURDEN
MONDAY, MAY 18, 2026 – 08:50 AM
Summary
- A flurry of (the somewhat typically-timed) Monday opener headlines have pushed oil prices lower, erasing weekend gains, including Al Arabia reporting that Iran is ready to accept a long-term nuclear freeze.
- Iran has submitted its latest proposal comprising 14-points through Pakistan, amid reports that the US has offered to lift sanctions on Iranian oil during the interim negotiating period.
- Reports further add that Russia’s offer to take and hold Iran’s enriched uranium stockpile on its territory is being taken seriously.
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